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Unemployment leads to low income and …

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Unemployment leads to low income and low savings and hence low demands and low production. This is identification of a depressed economy..... Support the statement

Posted by Nanthithaa Varshini 5 years, 3 months ago

CBSE > Class 09 > Social Science

1 answers

Yogita Ingle 5 years, 3 months ago

1) Unemployment leads to wastage of Manpower.
2) People who are unemployed become a liability on a firm, organisation or a country.
3) Thus, unemployment leads to low income, low savings and hence the production is reduced. The power of all the people of a country is not used

3Thank You

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CBSE > Class 09 > Social Science